Automatically apply vendor prepayments

Enable automatic application when vendor prepayments linked to purchase orders should be applied as the corresponding vendor bills are submitted and posted. Open Menu and select Payables > Settings.

Enable automatic application

1. Open Menu and select Payables > Settings.

2. Select Payables preferences.

3. Select Vendor prepayments.

4. Select Enable auto apply on vendor prepayment.

5. Select Apply.

When enabled, QuickStart automatically applies an available prepayment only when the vendor bill is posted and is linked to the purchase order associated with that prepayment. Draft and pending-approval bills are not applied because they have not posted.

Turn off the preference when prepayments should be selected and applied manually.